PGIM Global High Yield Fund, Inc Declares Dividend of $0.11 (NYSE:GHY)

PGIM Global High Yield Fund, Inc (NYSE:GHY) declared a dividend on Wednesday, December 11th,investing.com reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.105 per share on Tuesday, December 31st. This represents a dividend yield of 9.75%. The ex-dividend date is Thursday, December 12th.

PGIM Global High Yield Fund Stock Performance

PGIM Global High Yield Fund stock opened at $12.82 on Friday. The stock has a 50-day moving average of $12.71 and a two-hundred day moving average of $12.45. PGIM Global High Yield Fund has a one year low of $11.05 and a one year high of $13.11.

Insider Activity at PGIM Global High Yield Fund

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 41,885 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $12.99, for a total transaction of $544,086.15. Following the transaction, the director now owns 42,053 shares in the company, valued at approximately $546,268.47. This represents a 49.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

PGIM Global High Yield Fund Company Profile

PGIM Global Short Duration High Yield Fund, Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services.